REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 219,400
Est. payment /mo
Active
406 N 3rd ST Malta, IL 60150
5 Beds
3 Baths
0.45 Acres Lot
UPDATED:
02/13/2025 06:06 AM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12273690
Bedrooms 5
Annual Tax Amount $3,087
Tax Year 2023
Lot Size 0.450 Acres
Lot Dimensions 132X66X33X66X165X132
Property Sub-Type Two to Four Units
Property Description
Check out this prime 3-unit investment in Malta that offers an excellent opportunity for steady rental income! Situated on a spacious double lot under one PIN number, the building features separate entrances, utilities, and ample living space for each tenant. Recent updates to the property include a new roof and gutters (2019), newer carpet in Unit 3 (2022), updated windows, electrical service, and two new water heaters, as well as a new fridge, front door, and foundation repairs. In 2024, additional improvements were made with the replacement of the front stairs and the installation of new soffit and fascia. The property also offers plenty of off-street parking, a fenced in area for dogs, & a large backyard with plenty of privacy! This property is conveniently located near DeKalb & Northern Illinois University, making it ideal for student or faculty housing. With easy access to Route 38 and I-88, residents can quickly reach surrounding areas like Sycamore and Cortland. Additionally, it's close to the Shabbona Lake State Park, schools, healthcare centers, and has everything you need with a touch of country living! Schedule a showing today!
Location
State IL
County Dekalb
Area Malta
Zoning OTHER
Rooms
Basement Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Public
New Construction false
Schools
School District 428 , 428, 428
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Bryan Bartholomew • iHome Real Estate